21-35-3-13. Bonds and interest on bonds secured by pledge or mortgage

IN Code § 21-35-3-13 (2019) (N/A)
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Sec. 13. The bonds and the interest on the bonds may be secured by pledge or mortgage of:

(1) any property, real or personal, used or acquired or to be acquired and used for the property and the improvements made or to be made on the property;

(2) the net income from the property;

(3) the property and the net income from the property; or

(4) any unobligated net income of any property financed under this chapter;

as the board of trustees may determine.

[Pre-2007 Higher Education Recodification Citation: 20-12-8-2(a) part.]

As added by P.L.2-2007, SEC.276.